RFD Illinois October 15, 2026

Back on RFD Illinois, I'm Rita Frazer.

USDA's recent record soybean forecast also means more soybean exports according to Ag Outlook Board Chairman Mark Jankowski.

RFD Washington Correspondent Matt Kay reports.

Jankowski says total soybean supplies are forecast up 17 million bushels, with ending stocks at 315 million bushels.

And with that higher supplies, we expect that some of that to translate into higher exports.

We raised our export forecast by 10 million bushels.

Increased US soy exports will help offset declines elsewhere.

India's soybean production was lowered by about 300,000 metric tons this month, reflecting poor monsoon conditions there, and then also a lower production forecast for the EU, reflecting the drought conditions there throughout the summer.

Looking at the global balance sheet-

Global trade we raised by 400,000 tons.

That just reflects those higher exports from the US

Jankowski says the World Ag Outlook Board raised global ending soybean stocks by 300,000 tons on higher ending stocks in the US and Brazil.

But the increases follow reports of red crown rot in soybeans in eight Midwest states, prompting calls for producers to closely check plants on field edges where the tiny caterpillars blamed infest first.

For the RFD Radio Network, Matt Kay, Washington.

Thanks, Matt.

Back on RFD Illinois, I'm Rita Frazer.

USDA's recent record soybean forecast also means more soybean exports according to Ag Outlook Board Chairman Mark Jankowski.

RFD Washington Correspondent Matt Kay reports.

Jankowski says total soybean supplies are forecast up 17 million bushels, with ending stocks at 315 million bushels.

And with that higher supplies, we expect that some of that to translate into higher exports.

We raised our export forecast by 10 million bushels.

Increased US soy exports will help offset declines elsewhere.

India's soybean production was lowered by about 300,000 metric tons this month, reflecting poor monsoon conditions there, and then also a lower production forecast for the EU, reflecting the drought conditions there throughout the summer.

Looking at the global balance sheet-

Global trade we raised by 400,000 tons.

That just reflects those higher exports from the US

Jankowski says the World Ag Outlook Board raised global ending soybean stocks by 300,000 tons on higher ending stocks in the US and Brazil.

But the increases follow reports of red crown rot in soybeans in eight Midwest states, prompting calls for producers to closely check plants on field edges where the tiny caterpillars blamed infest first.

For the RFD Radio Network, Matt Kay, Washington.

Thanks, Matt.